News for 'North Bank'

'Global investors willing to pay premium for India story'

'Global investors willing to pay premium for India story'

Rediff.com8 Feb 2024

'With China falling out of favour, India is where investors see the demographic and digital dividend apart from the benefits of reforms playing out.' 'Your prime minister has also done a great job of sharing this story with the world.'

What Chinese army is up to at the LAC

What Chinese army is up to at the LAC

Rediff.com8 Sep 2020

Indian Army officers are convinced China is maintaining the pretence of dialogue and negotiations in order to create the opportunity to occupy more Indian territory. Senior Indian planners apprehend this might be a Chinese ploy to divert attention from Depsang, in Northern Ladakh, which might be China's actual target.

10 Largecaps Stocks To Lead Bulls Charge

10 Largecaps Stocks To Lead Bulls Charge

Rediff.com3 Oct 2023

These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.

Paytm Payments Bank looking at a pre-Diwali take-off

Paytm Payments Bank looking at a pre-Diwali take-off

Rediff.com10 Jul 2016

The Paytm Payments Bank will be headquartered in Noida and kick off its services from east and north to begin with

India's manufacturing activities fall to 5-month low in Sep

India's manufacturing activities fall to 5-month low in Sep

Rediff.com3 Oct 2023

Manufacturing activities in India fell to a five-month low in September as new orders rose at a softer pace, which tempered production growth, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell to 57.5 in September, down from 58.6 in August -- the lowest in five months. The September PMI data pointed to an improvement in overall operating conditions for the 27th straight month.

2 Weeks On, What Did Hamas Attack Achieve?

2 Weeks On, What Did Hamas Attack Achieve?

Rediff.com21 Oct 2023

By creating mayhem, Hamas aims to force the Arab States to give up their plans of reconciliation with Israel, explains Colonel Anil A Athale.

India, China complete disengagement in Pangong area; to hold talks on Saturday

India, China complete disengagement in Pangong area; to hold talks on Saturday

Rediff.com19 Feb 2021

Sources indicated that during Saturday's talks, India will insist on a faster disengagement process in remaining areas to bring down tension in the region, which has witnessed a tense standoff between the two militaries for over nine months.

North Korea vow to upset the applecart at WC

North Korea vow to upset the applecart at WC

Rediff.com25 May 2010

North Korea are banking on team spirit, surprise and sheer determination to upset expectations and get them through to the knockout stages at the World Cup finals in South Africa. Aware his team are being written off as the weakest at the June 11-July 11 tournament, coach Kim Jong-hun is nevertheless backing them to spring a surprise.

Modi Is Being Outnumbered And Out-Rallied

Modi Is Being Outnumbered And Out-Rallied

Rediff.com30 Apr 2024

This time Modi has no emotive message to take to the stump. Muscular nationalism doesn't work against the backdrop of China's successive inroads into Indian territory. Rising prices is a sore point that cuts across class and caste barriers; unprecedented levels of unemployment has the youth in a ferment. This has reduced the BJP campaign to a laundry list of recycled grievances and thinly veiled communal appeals, neither of which are working as well as they have in the past, argues Prem Panicker.

'Nitish-BJP Friendship Will Last Till 2024 Election'

'Nitish-BJP Friendship Will Last Till 2024 Election'

Rediff.com2 Feb 2024

'BJP's ultimate ambition is to control Bihar independently.'

I was handed a hot potato with carte blanche: Naravane on LAC tensions

I was handed a hot potato with carte blanche: Naravane on LAC tensions

Rediff.com19 Dec 2023

In his memoir Four Stars of Destiny, Naravane recounts Singh's direction as well as a flurry of phone calls between the defence minister, external affairs minister, the national security advisor and the chief of defence staff that night on the sensitive situation.

TCS says IT cos not yet out of woods; Q2 net profit up 9%

TCS says IT cos not yet out of woods; Q2 net profit up 9%

Rediff.com11 Oct 2023

The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.

Weak guidance, muted sentiment to weigh on near term IT outlook

Weak guidance, muted sentiment to weigh on near term IT outlook

Rediff.com25 Apr 2023

The two IT majors -- Infosys and TCS -- delivered disappointing results for the fourth quarter of the 2022-23 financial year (Q4FY23). Poor macro conditions and weak sentiment in the banking, financial services and insurance (BFSI) space accounted for the miss. For TCS, revenue in constant currency (CC) terms grew at 0.6 per cent on a quarter-on-quarter (QoQ) basis. Weakness was visible in North America, primarily due to deferred discretionary spending.

Top US official to visit Israel for hostage release negotiations: Report

Top US official to visit Israel for hostage release negotiations: Report

Rediff.com12 Nov 2023

After his visit to Brussels, McGurk will visit Israel where he is slated to meet with Prime Minister Benjamin Netanyahu, Defence Minister Yoav Gallant and senior security and intelligence officials.

No breakthrough as India, China hold 20th round of talks

No breakthrough as India, China hold 20th round of talks

Rediff.com11 Oct 2023

India and China held two days of military talks in an "open and constructive manner" for an early and mutually acceptable resolution of the remaining issues along the Line of Actual Control in eastern Ladakh and agreed to maintain peace on the ground.

 IFC helping Japan bank finance power project

IFC helping Japan bank finance power project

Rediff.com9 Jul 2010

IFC, a member of the World Bank Group, is helping one of Japan's leading banks, Mizuho Corporate Bank, finance a project that would operate power transmission links between East, North-East and electricity-starved North India.

This Is What WAR Looks Like

This Is What WAR Looks Like

Rediff.com10 Nov 2023

Israeli soldiers and tanks on the move in Gaza. Palestinians killed and wounded in Israeli strikes. When will it all end?

Cong promises caste survey, interest-free farm loan in Rajasthan manifesto

Cong promises caste survey, interest-free farm loan in Rajasthan manifesto

Rediff.com21 Nov 2023

The party also promised reservation to minorities on basis of their population after the caste census.

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Can Modi Beat Rajiv Gandhi's 404 MPs Record?

Rediff.com6 Feb 2024

Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.

The world's largest banks

The world's largest banks

Rediff.com21 Sep 2006

Will Ravneet Gill manage to 'save' Yes Bank?

Will Ravneet Gill manage to 'save' Yes Bank?

Rediff.com29 Jul 2019

Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.

Global fundraising via IPOs drops 52% in 2023 to $147.2 billion

Global fundraising via IPOs drops 52% in 2023 to $147.2 billion

Rediff.com29 Sep 2023

Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.

Leo Varadkar, The PM Who Likes Jalebis

Leo Varadkar, The PM Who Likes Jalebis

Rediff.com5 Apr 2024

'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.

Can INDIA Reverse Article 370 Verdict?

Can INDIA Reverse Article 370 Verdict?

Rediff.com11 Dec 2023

Such a course would require a Constitutional Amendment, requiring a two-thirds majority in both Houses of Parliament. Even assuming that the INDIA combine comes to power at the Centre next year, a two-thirds majority in the Lok Sabha could way off the mark for them, observes N Sathiya Moorthy.

China Will Never Get Ladakh!

China Will Never Get Ladakh!

Rediff.com31 Oct 2023

'It is flabbergasting to think that this heavenly region has, for decades, been coveted by India's aggressive neighbours,' says Claude Arpi after a recent visit to Ladakh. 'Wanting to use the newly created infrastructure to defend the borders after the clash of 2020 with China and the resulting standoffs, the home ministry is keen to boost border tourism to show that these areas are controlled by India.'

6 Places To Visit For A Memorable Diwali

6 Places To Visit For A Memorable Diwali

Rediff.com9 Nov 2023

You can have a traditional Diwali celebration with your family at these special spots.

China: India must hold the line in the north

China: India must hold the line in the north

Rediff.com8 Sep 2020

'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'

Are India, China preparing for war?

Are India, China preparing for war?

Rediff.com30 Sep 2020

RInstead of disengagement, the Indian and Chinese armies have deployed an estimated 35,000 to 40,000 soldiers each along the LAC. The PLA has deployed S-400 air defence missiles to neutralise the IAF's advantage in air power

India, China border talks focus on disengagement in eastern Ladakh

India, China border talks focus on disengagement in eastern Ladakh

Rediff.com14 Aug 2023

India and China on Monday held a fresh round of military talks with a focus on disengagement of troops in the remaining friction points in eastern Ladakh and ease overall tensions in the region.

PMC Bank Crisis: 'RBI must be more pro-active'

PMC Bank Crisis: 'RBI must be more pro-active'

Rediff.com26 Sep 2019

'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'

Infosys Q4 result disappoints Street; net rises 7.8% to Rs 6,128 crore

Infosys Q4 result disappoints Street; net rises 7.8% to Rs 6,128 crore

Rediff.com13 Apr 2023

Infosys on Thursday posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macro economic uncertainities. The net profit (after minority interest) stood at Rs 5,686 crore in the fourth quarter of FY22. Seen sequentially, the net profit for Q4 came in 7 per cent lower.

Ram Temple: Modi Seals His Legacy

Ram Temple: Modi Seals His Legacy

Rediff.com22 Jan 2024

The BJP enters challenging times where it has been given a task to hold onto the values of Ram in running the country as defined by Narendra Modi in Ayodhya, notes Sheela Bhatt.

Bahrain unrest gets to Indian banks

Bahrain unrest gets to Indian banks

Rediff.com8 Apr 2011

Bahrain has of late emerged as a regional hub for banking because of low tax rates and easy regulations. At present, 409 banks and financial institutions have operations there.

Heavy rains lash Mumbai, 2 killed in tree collapse; more showers likely

Heavy rains lash Mumbai, 2 killed in tree collapse; more showers likely

Rediff.com29 Jun 2023

The local train traffic on the Central and Western Railway routes was mostly normal though the trains were running a few minutes late, railway officials said.

Held in-depth, positive and constructive discussion on LAC: China

Held in-depth, positive and constructive discussion on LAC: China

Rediff.com16 Aug 2023

China on Wednesday said the latest round of the border talks with India was held in a "candid and pragmatic atmosphere" and the two sides had a "positive, constructive and in-depth discussion" on the resolution of the remaining issues along the Line of Actual Control in the Western Sector.

IPO market revival still some time away, say analysts

IPO market revival still some time away, say analysts

Rediff.com18 Jul 2023

It is pouring heavily not only in North India, but at Dalal Street too. However, the latter is seeing a flurry of initial public offers (IPOs). After a busy fortnight that ended on July 7 with seven IPOs - IdeaForge Technology, Cyient DLM, PKH Ventures, Pentagon Rubber, Global Pet Industries, Tridhya Tech, and Synoptics Technologies -- four more IPOs will hit the Street this week, including one mainboard IPO of Utkarsh Small Finance Bank. That apart, India's largest securities' depository National Securities Depository Limited (NSDL) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an IPO.

India pushes China for early disengagement in Demchok, Despsang Plains

India pushes China for early disengagement in Demchok, Despsang Plains

Rediff.com14 Aug 2023

India on Monday pressed for early disengagement of troops in remaining friction points in eastern Ladakh during a fresh round of high-level military talks with China, people familiar with the matter said.

'We have taught the Chinese some lessons'

'We have taught the Chinese some lessons'

Rediff.com5 Feb 2024

'In Eastern Ladakh the Chinese attempted salami slicing.' 'Our response has been superb. Our military has responded magnificently.'

India's services sector activity moderates in August

India's services sector activity moderates in August

Rediff.com5 Sep 2023

India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn in new export business which acted as a catalyst for firms to expand their workforces as well as output, a monthly survey said on Tuesday. Despite falling from 62.3 in July to 60.1 in August, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated one of the strongest increases in output seen since mid-2010. For the 25th straight month, the headline figure was above the neutral 50 threshold.

Ayodhya Is Getting Ready For The Big Day

Ayodhya Is Getting Ready For The Big Day

Rediff.com26 Dec 2023

With the spate of businesses turning their attention to Ayodhya, land rates have shot up, in some pockets by as much as 10 times. Whether one walks into a hotel lobby or sits down for a meal, land deals are being discussed at every other table -- one on one or among groups.